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Retirement Fund

Senate President Tuaolo Manaia Fruean
Pago Pago, AMERICAN SAMOA — Senate President Tuaolo Manaia Fruean announced during the Senate session on Wednesday that the biannual meeting in Honolulu of the ASG Employees Retirement Fund (ASERF) will be held in May with lawmakers. Tuaolo, a member of the ASGERF board, said the Fund’s board of...
Retirement Fund Office executive director, I’aulualo Fa’afetai Talia (left) and ASG Employees Retirement Fund board of trustees chairman, Vaanatiu Tofala Iafeta
  by Ausage Fausia Samoa News Reporter House Representatives are very concerned after they were told that it has been three years since American Samoa launched the Hawaiki undersea fiber optic cable and none of its 200 gigabytes (GIGS) of bandwidth has been sold. According to the director of the...
Senators during official opening of Senate in 2021
Pago Pago, AMERICAN SAMOA — The Senate Retirement Committee, chaired by Sen. Soliai Tuipine Fuimaono, has scheduled for Thursday this week, a hearing on a bill sponsored by Sen. Magalei Logovi’i and introduced in the Senate yesterday that seeks to increase members’ contribution to the American...
Tuaolo and Lemanu
Pago Pago, AMERICAN SAMOA — Senate President Tuaolo Manaia Fruean has called on the Lemanu Administration to look at increasing the contribution rate to the ASG Retirement Fund, saying that more is being paid out from the fund than the incoming monthly contribution. Tuaolo, who is also a member of...
Map of the Hawaiki Cable System
Pago Pago, AMERICAN SAMOA — The ASG Employees Retirement Fund (ASGERF) board of trustees chairman, Va’anatiu Tofala Iafeta has raised questions with American Samoa TeleCommunications Authority board chairman, Iulogologo Joseph Pereira surrounding the sale of Hawaiki cable capacity. “It is our...
Rendering of proposed new Fono Building
Pago Pago, AMERICAN SAMOA — Three faipule have proposed major changes to the ASG Employees’ Retirement Fund law, which include having three members elected by Retirement Fund members and mandating an annual board meeting to be held in American Samoa. Sponsored by Reps. Larry Sanitoa, Andra Samoa,...
[l-r] ASG Treasurer Ueligitone Tonumaipe’a, Sen. Tuaolo Manaia Fruean, and businessman Tony Togiai
Pago Pago, AMERICAN SAMOA — ASG Treasurer Ueligitone Tonumaipe’a, Sen. Tuaolo Manaia Fruean, and businessman Tony Togiai  appeared yesterday morning before the Senate Retirement Committee for their confirmation hearing after being re-appointed by the governor to the ASG Employees’ Retirement Fund...
Some questions — as we come up on election season 2020. I notice the re-appointment of ASG Treasurer Ueligitone Tonumaipe’a to a four-year term on the government’s Employees’ Retirement Fund Board, with the governor’s qualifier: Tonumaipe’a’s membership on the board “is crucial” given his position...
Senate Retirement Committee chairman, Tuaolo Manaia Fruean
Pago Pago, AMERICAN SAMOA — The Senate Retirement Committee has requested an actuary report, through a study on the impact on the ASG Employees’ Retirement Fund (ASGERF) on a Senate bill, which seeks to cap a member’s contribution at a maximum annual salary of $85,000 to the government pension plan...
Rendering of proposed new Fono Building
Pago Pago, AMERICAN SAMOA — Gov. Lolo Matalasi Moliga has re-appointed three members to the American Samoa Government Employees’ Retirement Fund (ASGERF) Board of Trustees, and appointed five new members to the American Samoa Visitors Bureau (ASVB). RETIREMENT FUND In his nomination letter to Fono...

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